Pzena Investment Management discloses 8.9% stake in Globant S.A. (GLOB)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Pzena Investment Management, LLC reports beneficial ownership of 3,859,718 shares of Globant S.A. common stock, representing 8.9% of the class. The firm has sole power to vote 2,743,602 shares and sole power to dispose of all 3,859,718 shares.
The shares are held on behalf of investment management clients. Those clients have the right to receive dividends and sale proceeds, and no individual client’s interest relates to more than 5% of the Globant S.A. common stock outstanding.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 3,859,718 shares
Percent of class: 8.9%
Sole voting power: 2,743,602 shares
+4 more
7 metrics
Beneficial ownership
3,859,718 shares
Globant S.A. common stock beneficially owned by Pzena Investment Management, LLC
Percent of class
8.9%
Percentage of Globant S.A. common stock class beneficially owned
Sole voting power
2,743,602 shares
Shares for which Pzena Investment Management has sole power to vote
Shared voting power
0 shares
Shares for which Pzena Investment Management has shared power to vote
Sole dispositive power
3,859,718 shares
Shares for which Pzena Investment Management has sole power to dispose
Shared dispositive power
0 shares
Shares for which Pzena Investment Management has shared power to dispose
Client ownership limit
5%
No individual client’s interest relates to more than 5% of the class
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Ownership of more than 5 Percent on Behalf of Another Person, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 3,859,718"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 2,743,602.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 3,859,718.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Ownership of more than 5 Percent on Behalf of Another Person regulatory
"Item 6. | Ownership of more than 5 Percent on Behalf of Another Person."
CUSIP No. regulatory
"(e) | CUSIP No.: L44385109"
FAQ
What stake in Globant S.A. (GLOB) does Pzena Investment Management report?
Pzena Investment Management reports beneficial ownership of 3,859,718 Globant S.A. common shares, equal to 8.9% of the company’s common stock. This reflects an institutional position held across its investment management client accounts.
Does any single Pzena client hold more than 5% of Globant S.A. (GLOB)?
No individual Pzena client has an interest in more than 5% of the Globant S.A. common stock class. The firm states that while clients hold the economic interests, none alone crosses the 5% ownership threshold in the issuer’s shares.
What type of security in Globant S.A. (GLOB) is reported and what is its CUSIP?
The position relates to common stock of Globant S.A., identified by CUSIP number L44385109. This unique CUSIP helps precisely identify the specific class of Globant securities that Pzena Investment Management’s clients beneficially own.